Travel Retail Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

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Travel Retail Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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According to the latest research report by IMARC Group, The global travel retail market size reached US$ 56.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 88.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Travel Retail Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
Global Travel Retail Market Research and Forecast
Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Travel Retail Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2023-2028," the global travel retail
    market size reached US 56.6 Billion in 2022.
  • Travel retail refers to the sales of goods and
    services to international travelers during
    transit. The trade is generally conducted in
    travel environments, including seaports or
    airports, where customers require proof of travel
    to access the commercial area. It is also
    conducted in hotels, border ships, international
    aircraft, cruises, ferries, and other marine
    vessels on international waters.
  • Travel retail usually requires the purchaser to
    spend a minimum amount of time outside the
    country and the retail shops accept payments
    inclusive of the local and national taxes and
    excise duties. Some of the commonly available
    products through travel retail include perfumes,
    fashion accessories, premium alcohols, food and
    beverages, beauty personal care products,
    tobacco, and electronics.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/travel-retail-market/re
    questsample

4
Report Description
  • Global Travel Retail Market Trends
  • One of the primary factors driving the market is
    the rapidly expanding travel and tourism industry
    worldwide. Travel retail generates vital revenues
    for national aviation, travel and tourism
    industries and is now the largest contributor to
    non-aeronautical income. Besides this, the rising
    preferences of international travelers for
    premium wines and spirits are catalyzing the
    market growth. Furthermore, the expanding
    e-commerce travel retail solutions have enabled
    retailers to offer their products through
    websites and smartphone applications, making it
    convenient for customers to pre-order products
    and collect them on arrival.
  • Apart from this, constant technological
    advancements, such as the advent of touch screens
    and interactive retail kiosks, are strengthening
    the market growth. Other growth-inducing factors
    include the implementation of favorable
    government policies to promote international
    tourism in developing nations, the rising
    millennial population, rapid urbanization, and
    changing lifestyles.
  • Looking forward, IMARC Group expects the market
    value to reach US 88.6 Billion by 2028,
    expanding at a CAGR of 7.5 during the forecast
    period (2023-2028).
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/travel-retail-market

5
Report Segmentation
  • Breakup by Product Type
  • Perfume and Cosmetics
  • Wine and Spirit
  • Electronics
  • Luxury Goods
  • Food, Confectionery and Catering
  • Tobacco
  • Others
  • Breakup by Sector
  • Duty-Free
  • Duty Paid
  • Breakup by Distribution Channel
  • Airports

6
Report Segmentation
  • Cruise Liner
  • Railway Station
  • Border, Downtown and Hotel Shop
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • Aer Rianta International
  • China Duty Free Group Co. Ltd.
  • Dufry AG
  • Duty Free Americas Inc
  • Gebr. Heinemann SE Co. KG
  • KING POWER International
  • Lagardère S.A
  • Lotte Hotels Resorts (Lotte Corporation)
  • LVMH Moët Hennessy Louis Vuitton
  • The Shilla Duty Free (Hotel Shilla Co. Ltd.).

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Travel Retail
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Product Type
  •   6.1    Perfume and Cosmetics    6.1.1
    Market Trends       6.1.2 Market Forecast   
    6.2 Wine and Spirit    6.2.1  Market
    Trends       6.2.2 Market Forecast    6.3
    Electronics    6.3.1 Market Trends     
     6.3.2 Market Forecast       

10
Table of Contents
  •   6.4    Luxury Goods    6.4.1 Market
    Trends       6.4.2 Market Forecast    6.5
    Food, Confectionery and Catering    6.5.1 
    Market Trends       6.5.2 Market Forecast   
    6.6 Tobacco    6.6.1 Market Trends     
     6.6.2 Market Forecast
  •     6.7 Others    6.7.1 Market Trends   
       6.7.2 Market Forecast
  • 7  Market Breakup by Sector
  • 7.1 Duty-Free
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Duty Paid
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 8  Market Breakup by Distribution Channel
  • 8.1 Airports
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
  • 8.2 Cruise Liner
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
  • For more information, visit https//www.imarcgrou
    p.com/travel-retail-market/toc

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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